Taiwan Semiconductor Manufacturing Company (TSM, Financial) saw its stock drop over 1.3%, trading at $191.48. This decline follows a directive from the U.S. Department of Commerce requesting TSM to cease supplying 7nm and more advanced AI chips to Chinese clients. This export restriction specifically targets chips used in AI accelerators and graphics processing units (GPUs).
Sources indicate that TSM has notified affected clients about the suspension of related chip shipments. The measure began implementation as of the specified date.
